Ann: Vali and Odin Update, page-74

  1. 188 Posts.
    lightbulb Created with Sketch. 12
    Earnings (the 'E' of the PE ratio) are based on Net Revenues less Net Expenses though, so for a PE ratio of ~2 then it would mean MEL was making $1m+ of profit each month, which is clearly not a feasible outcome for CY23.

    Great analysis anyway though, because even those cash flows would be welcome and surely result in a significant rerate of the whole business.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
0.3¢
Change
0.001(25.0%)
Mkt cap ! $4.592M
Open High Low Value Volume
0.2¢ 0.3¢ 0.2¢ $251 125.3K

Buyers (Bids)

No. Vol. Price($)
8 5974998 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 10843632 8
View Market Depth
Last trade - 10.32am 01/08/2025 (20 minute delay) ?
MEL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.